Most Affordable Housing Market No. 4: Richmond

In Richmond, Va., the median home is priced at $187,750, while the average annual salary is $72,900, so on average, a home in this area is only 2.6 times the average annual paycheck, and it comes in fourth place on the Top 10 Most Affordable Housing Markets list. This two-bedroom, three-bath home is a steal at only $89,990.